Mondragon Corporacion Cooperativa, Spain
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Category of Activity
Economic and Social Development
Brief Description
From its origins forty years ago as an employee-owned cooperative manufacturing paraffin stoves, Mondragon has grown to 160 employee-owned cooperatives, involving 23,000 member owners, with sales grossing $3 billion dollars US in 1991. Statistics show the Mondragon cooperatives to be twice as profitable as the average corporation in Spain with employee productivity surpassing any other Spanish organization. It has its own bank, a research institute, an entrepreneurial division, insurance and social security institutions, schools, a college, a health maintenance system and a health insurance cooperative. It is focused on relational cooperatives dedicated to the common good.
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Contact Information
Jesus Ginto
Mondragon Corporacion Cooperativa
B.P. Aozaraza #2
20550 Aretxabaleta Pays Basque, Spain
Tel. #: 34 43 77 93 16
Fax #: 34 43 79 66 32